Baseline Amount definition

Baseline Amount means, as of the Effective Date, an amount equal to $54,000,000, which amount shall pro-rated (as reasonably determined by the Board) in connection with the calculation of the Series A Dividend with respect to less than a full fiscal year of the Company, subject to adjustment as follows: Commencing on the first anniversary of the Effective Date, and on each succeeding anniversary of the Effective Date thereafter (each, an “Adjustment Date”), the Baseline Amount shall be increased, if applicable, by the same percentage increase (the “Percentage Increase”) as the change in the CPI for the period of January 1 through December 31 of the immediately preceding calendar year, which percentage increase shall be determined by subtracting the CPI effective as of January 1 of the preceding calendar year (the “Base CPI”) from the CPI effective as of December 31 of the preceding calendar year (the “Target CPI”) to calculate the CPI point change (the “CPI Point Change”), and then dividing the CPI Point Change by the Base CPI and multiplying the result by 100. For the avoidance of doubt, if the Target CPI is the same or less than the Base CPI, then, the Baseline Amount will remain the same for the ensuing one (1) year period. As an illustration only, and not by way of limitation, assume that the Base CPI is 103 and the Target CPI is 106, and that the Baseline Amount prior to the Adjustment Date is $54,000,000, then, the adjusted Baseline Amount is calculated as follows: · CPI Point Change = 106 [Target CPI] minus 103 [Base CPI] = 3 · 3 [CPI Point Change] / 103 [Base CPI] = 0.029 · 0.029 x 100 = 2.9% · Adjusted Baseline Amount = $54,000,000 x 1.029 = $55,566,000

Baseline Amount means Customer’s good faith estimate of its purchase volume of NGS Consumables and Library Preparation Consumables to be shipped to the United States during the Baseline Period.

Baseline Amount means the amount computed, in accordance with such guidance as the administrator of the United States Environmental Protection Agency may provide, as the lower amount within the year of either the actual volatile organic compound (VOC) or Nitrogen Oxides (NOx) emissions or the VOC or NOx emissions allowed under the permit applicable to the source, or if no permit has been issued for that year, the amount of VOC or NOx emissions allowed under the implementation plan. Such guidance by the administrator may include the calculation of the baseline amount based upon average actuals or average allowables.

Examples of Baseline Amount in a sentence

• For purposes of the preceding proviso, the amount to which SPE would have been entitled if the Sharing Period were treated as a single accounting period means the SPE Share multiplied by an amount equal to (x) Marvel’s Classic Merchandising Net Receipts for the entire Sharing Period less (y) the Baseline Amount.

• During each Agreement Year, Legends shall be entitled to receive a commission equal to Ten Percent (10%) of Baseline Increase by which Gross Term Revenues to the University for: (1) general ticketing and (2) Annual Seat Donations in connection with the Hockey Team at the end of each Agreement Year are in excess of the Baseline Amount.

• The City shall make payment to the Developer for taxable sales over the "Baseline Amount" and in accordance with Table A- "Payment Schedule" as defined below.

• Payments shall be made by the City within one hundred fifty (150) calendar days following the end of the second and fourth quarters for which sales taxes are reported; provided that unless and until the Baseline Amount has been reached, no payments shall be required to be made in respect to the current Year of Operation.

• The following Table A illustrates how the payments to the Developer would be calculated: TABLE A-Payment Schedule Baseline Amount in Taxable Sales Baseline Amount in Tax Revenue Collected By the City attributed to Taxable Sales Calculation of payment $5,000,000 for first year of Operation $50,000 50% times each tax revenue dollar collected above $50,000 for the Year of Operation $10,000,000 for second year of operation $100,000 50% times.

More Definitions of Baseline Amount

Baseline Amount means, as of a particular date, the lesser of (i) the number of voting Shares issued to the Initial OEP Stockholders on the Effective Date pursuant to the Merger Agreement, and (ii) the weighted average number of voting Shares held in the aggregate by the Stockholders in the two hundred fifty (250) Business Days prior to such date.

Baseline Amount is defined in Section 2.1.

Baseline Amount means Customer’s good faith estimate of its purchase volume of NGS Consumables

Baseline Amount means [* *] gallons of Concentrate Products, which represents total orders in gallons for the year ended December 31, 2016, excluding the Designated Customer.

Baseline Amount means $.35 per share multiplied by 31,100,000.

Baseline Amount means a value in Dollars equal to the value of a normal operating volume amount of In-Process Inventory at the market prices therefor at the Closing, in each case as determined by the Parties prior to the Closing in connection with the determination of the procedures contemplated by Section 2.9(a)(ii) no later than three (3) Business Days prior to the Closing.

Baseline Amount means, without duplication, the portion of the Purchase Price (as defined in the form of Acquisition Agreement entered into on the date hereof, the “Initial Acquisition Agreement”)) (subject to all adjustments provided in the Initial Acquisition Agreement) that would have been received, directly or indirectly, by the Icahn Affiliated Parties and their Affiliates in respect of their debt claims and equity interests in the Company, ACE Lo and GB Holdings or any successor-in-interest or assignee of the foregoing pursuant to the consummation of the transactions contemplated by the Initial Acquisition Agreement (had such transactions been consummated on November 15, 2006 (w) determined on a Fully-Diluted Basis, (x) assuming the Company, ACE Lo, GB Holdings and any other entity holding such consideration were liquidated (disregarding any equitable subordination of interests or claims) immediately following the consummation of such Alternative Disposition, (y) after deduction of reasonable costs and expenses and payments to creditors (but excluding income taxes of the security holders), and (z) valuing any non-cash consideration at its Fair Market Value on the date of such consummation; provided, however, that in no event shall GB Holdings be deemed to be an Affiliate of any Icahn Affiliated Parties. To the extent that such Alternative Disposition involves only the Casino Property (or ACE Lo) or portion thereof or only the Traymore Property (or Boardwalk) or portion thereof, then the Baseline Amount shall be adjusted to correspond to that portion of the Purchase Price in the Initial Acquisition Agreement corresponding to the Closing Ace Purchase Price or portion thereof or the AREH Purchase Price or portion thereof, as applicable.